INSUBCONTINENT EXCLUSIVE:
The stock markets started Friday's session
on a higher note, with the BSE Sensex rising 143 points in early morning deals
The National Stock Exchange (NSE) benchmark index, Nifty, also went up 45 points to touch 10,762
Gains were led by IT, consumer durables and metal stocks
Shares in other Asian markets jumped to near three-week top on Friday, taking cues from advances in US markets overnight after release of
softer-than-forecast US inflation data tempered expectations for faster interest rate rises by the Federal Reserve this year.At 9:22 am, the
Sensex was up 74.08 points at 35,320 while the Nifty was trading 21 points higher at 10,737
Thirty eight stocks on the Nifty were trading in the positive zone
Top gainers on the 50-scrip NSE index were Asian Paints, Hindustan Petroleum, Titan and UPL, trading around 1-2 per cent higher.MSCI's
broadest index of Asia-Pacific shares outside Japan rose for a second straight session to near three-week highs
Japan's Nikkei climbed 0.7 per cent while South Korea's KOSPI added 0.6 per cent
Australian and New Zealand shares were both up 0.2 percent
Overnight on Wall Street, the Dow rose 0.8 per cent, the Nasdaq Composite gained 0.89 per cent and the SP 500 rose 0.9 per cent.Investor
sentiment also got a small boost after US President Donald Trump said he had high hopes of "doing something very meaningful" to curtail
North Korea's nuclear ambitions at a summit in Singapore next month.Fortis Healthcare shares were down 1 per cent, a day after the company's
board accepted an investment offer worth Rs
1,800 crore from the Hero Enterprise-Burman Family Office consortium
The cash-strapped hospital was a target of a fiercely contested bidding war
(Read more)Hero Enterprise is an investment company formed by Sunil Munjal, a member of the family that runs India's largest motorcycle
The Burman Family Office is the private investment arm of the family that owns consumer goods company Dabur India.
